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Established Years Classic Italian Restaurant In Colorado For Sale

Colorado
Asking Price:
$500K - $1M (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$630,000 (USD)
Cash Flow:
$100,000 (USD)

Available now -- well-established classic Italian restaurant and bar, which is a destination for locals and visitors, as well as for special events.  In business for over 25 years, the reason for sale is retirement. The restaurant offers a comfortable atmosphere for dinner and drinks.  With 100 seats inside and 100 seats on the deck, the restaurant is a favorite for family gatherings, events and work parties throughout the year.  The owner’s role has been limited.  Chef and staff are in place.  If you are looking for a classic restaurant business with a proven track record, solid cash flow, amazing food and repeat customers, this is for you!

Property information

Real Estate:

Lease

Location:

This restaurant is located with easy access from a busy highway, occupying 1,346 sf for the bar, dining area and kitchen, plus outside deck and trash facility. The seating capacity is 100 seats inside and 100 seats seasonal outside on the deck.

Business Operation

Expansion Potential:

A new owner could add breakfast and/or lunch service, as well as expand catering and bookings for private groups or special events.

Competition / Market:

Ideal location, long term staff, affordable prices and excellent reputation differentiate this restaurant from others in town.

Reasons for selling:

Retirement

Employees:
6 FT, 9 PT
Years established:
26

Other Information

Support & training:

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The Seller will entertain offers of varying financial and legal structures.

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Inventory / Stock value:
$3,500 (USD) - included in the asking price

Contact Information

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